DAVIDSTea added that for the same quarter, its net loss came in at $7.4 million on an adjusted, or approximately 28 cents per share. In the third quarter of its fiscal 2017, the company added that it brought in a net loss of $4.5 million, or 17 cents per share. DAVIDSTea’s revenue did increase 1.5% compared to the tea accessory seller’s year-ago quarter to $43.7 million from its previous total of roughly $43 million.

Cannabis stocks were struggling mostly to keep up with the rest of the market's gains Monday, Dec. 3, but a couple of pot stocks were trading in the green. was climbing more than 9% Monday after the soft drinks maker said it was acquiring Morinda Holdings, a cannabis-infused drink seller, for $85 million. "This acquisition has potential to expand their strategic push into cannabis infused beverages globally, and further strengthens their award-winning healthy beverage portfolio," a spokeswoman for New Age Beverages said in an email to TheStreet.

The jump came after short-seller Andrew Left's Citron Research published a bullish note on the company. $PYX would not short...speculative long. Learn more about TheStreet's market coverage for your trusted smart-speaker here.

Count Citron Research is a believer in tobacco and cannabis company Pyxus International Inc. , following a bullish research note on the company Monday, October 8. Citron believes that the North Carolina-based company could double from its opening position Monday, as long as investors are still pot crazy.